Currently he works as an employee in a private company for more than eight hours a day because he has to cover his family's expenses for food, education, and services.
He needs the loan to buy materials such as cement, sand, and plaster to renovate the bathroom of his house because he wants to have greater comfort and improve his quality of life.
This is the second time he has worked with IMPRO and the first with Kiva.
Actualmente trabaja en una empresa privada como empleado por más de ocho horas al día ya que debe cubrir los gastos de alimentación, educación y pago de servicios de su familia.
El crédito lo requiere para compra de materiales como cemento, arena, estuco, para la refacción del baño su casa ya que desea tener más comodidad y mejorar su calidad de vida.
Es la segunda vez que trabaja junto a IMPRO y la primera vez con KIVA.
About IMPROIMPRO is a small non-profit organization that has been offering micro credit to the working poor in the Bolivian cities of La Paz and El Alto since 1995. IMPRO’s goal is to fight poverty by offering loans to small business owners who cannot access credit through the regular banking system due to a lack of guarantees or collateral.
To ensure that everyone has access to credit, IMPRO maintains a low interest rate by minimizing operational costs. IMPRO’s partnership with Kiva, which began in 2007, has allowed IMPRO to expand its services while maintaining these low interest rates.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid